The first measurement of a usually obscure factoid by a part of state government was widely reported last weekend, when California state water resources officials trudged up to several key points in the Sierra Nevada range 90 miles east of Sacramento and measured snow levels at two-thirds of a normal winter already. That translates into greater hydroelectric resources, which translates into a better chance for the state avoiding blackouts this summer. It also means less gas demand for power generation in the state next summer.
Deeper
Articles from Deeper
Penn Octane, PG&E Forge Multi-Year NGL Deal
Seeking deeper penetration into Mexico’s gas liquids market,Penn Octane Corp. entered into a multi-year, $40 million contractwith PG&E Natural Gas Liquids (NGL) Marketing L.P. to purchasesupplies of liquefied petroleum gas (LPG), the companies saidyesterday. The LPG will be supplied to Penn Octane’s pipelinenetwork in Texas from PG&E’s Shoup Fractionation Plant nearCorpus Christi, TX.
October 27, 1999
Chevron Makes Deeper Job Cuts, Warns Investors
Chevron Corp. warned investors last week that its second quarterearnings will take a hit from severance costs related to 2,500 jobcuts and a recent fire at its Richmond, CA, refinery.
June 28, 1999
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